The venture capital market has become very noisy over the past few years, especially on the early-stage side. Not a day goes by that a new fund isn’t being announced. Entrepreneurs have an increasing amount of financing options – that’s good news, but it also makes it harder to choose…
Last week I blogged about the return multiples for our Fund I and how they perfectly illustrate just how much the power law drives VC return. Alex Norman from AngelList asked how these return multiples have changed over time and what insights could be won from that data. It was…
We raised our first fund in summer 2012. It was a $15m early-stage fund that we invested in 20 portfolio companies over the course of two and a half years. We’re now seven years in and the portfolio is maturing. I plotted the return multiples (as of June 30, 2019)…
A year ago, we set out to add to our team. You may recall that we opened a search for an associate last summer. We appreciated spending time with many candidates, as well as the many intros and referrals from our friends. Unfortunately, we didn’t find someone who was the right…
Here at Version One, we had two nightmarish weekends in early February when our accounts were hacked by pretty sophisticated and aggressive hackers. As we’ve since learned, hackers love weekends, because it’s a time when targets may not realize the hack right away and the customer service at service providers…
